Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Dollar General 5310 Cleveland Rd 9,026 SF Retail Building Wooster, OH 44691 $1,570,847 CAD ($174.04 CAD/SF) 8.25% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 2014 build-to-suit construction for Dollar General
  • Low rent payer- subject property is priced well below replacement cost
  • Average household income of $73,382, which is considered to be a sweet spot for Dollar General
  • Absolute NNN Lease – Zero landlord responsibilities
  • Corporately guaranteed lease from Dollar General Corporation
  • 5-Mile population in excess of 34,427 residents

EXECUTIVE SUMMARY

Broker of Record
Matt Wallace
License # REC.2022007141 (OH)
Matthews™
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2014
Price
$1,570,847 CAD
Price Per SF
$174.04 CAD
Cap Rate
8.25%
NOI
$129,595 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.33 AC
Zoning
C-5
Frontage
204’ on Cleveland Rd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
67-02958-000
Land Assessment
$74,797 CAD
Improvements Assessment
$276,393 CAD
Total Assessment
$351,190 CAD
  • Listing ID: 38440637

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 5310 Cleveland Rd, Wooster, OH 44691

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}